'Brexit' suspense clouds Carney's decision on when to raise UK interest rate
London
FOR a man who likes to guide investors, Mark Carney might be struggling to offer much more than suspense.
The Bank of England governor was meant to start 2016, at the midpoint of his term, poised to raise interest rates, or at least have a clearer view of when they might increase. Thanks to Britain's planned - but still unscheduled - vote on its membership of the European Union, the outlook for the economy and tightening has clouded. Even whether Mr Carney is halfway through his time at the BOE is now an open question.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall